Talisker Resources (TSX:TSK) Inventory Turnover : 2.23 (As of Dec. 2023)

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What is Talisker Resources Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Talisker Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.31 Mil. Talisker Resources's Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.14 Mil. Talisker Resources's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talisker Resources's Days Inventory for the three months ended in Dec. 2023 was 40.84.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Talisker Resources Inventory Turnover Historical Data

The historical data trend for Talisker Resources's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Talisker Resources Inventory Turnover Chart

Talisker Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.94

10.31

21.91

9.98

Talisker Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															6.75	4.87	3.63	4.82	2.23

Talisker Resources Inventory Turnover Calculation

Talisker Resources's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1.268	/ (	(0.038	+	0.216)	/	2 )
=	1.268	/	0.127
=	9.98

Talisker Resources's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.305	/ (	(0.057	+	0.216)	/	2 )
=	0.305	/	0.1365
=	2.23

Talisker Resources (TSX:TSK) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Talisker Resources's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.1365	/	0.305	*	365 / 4
	=	40.84

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Talisker Resources's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.1365	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Talisker Resources Inventory Turnover Related Terms

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Talisker Resources (TSX:TSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talisker Resources Ltd (TSX:TSK) » Definitions » Inventory Turnover

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Traded in Other Exchanges

TSKFF:USA

Address

350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6

Website

https://www.taliskerresources.com

Talisker Resources Ltd is a junior resource company in British Columbia. Its projects include the Bralorne Gold Complex, an advanced stage project with exploration potential from a historical high-grade gold producing mine as well as its Spences Bridge Project, among other projects. The company operates in the business segment of mineral exploration and evaluation in British Columbia, Canada.

Executives

Andres Tinajero

Director, Senior Officer

Talisker Resources (TSX:TSK) Headlines

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